PEDEVCO (PED) reports mutual departure of Chief Accounting Officer Pinkston
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Rhea-AI Filing Summary
PEDEVCO Corp. reported a leadership change in its finance organization. On and effective June 23, 2026, the company and Paul Pinkston mutually agreed that he would step down from his role as Chief Accounting Officer and terminate his employment with the company.
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Key personnel changes including departures, elections, or appointments of directors and executive officers.
Item 5.02regulatory
“Item 5.02 Departure of Directors or Certain Officers; Election of Directors;”
Chief Accounting Officerfinancial
“mutually agreed with Mr. Paul Pinkston that he step down from the position of Chief Accounting Officer”
A chief accounting officer is a senior executive responsible for overseeing a company’s financial records and ensuring all accounting practices are accurate and compliant with regulations. They play a key role in preparing financial reports that help investors understand the company’s financial health, much like a trusted navigator guiding a ship through complex waters. Their work ensures transparency and trust in the company’s financial information.
Emerging growth companyregulatory
“Emerging growth company”
An emerging growth company is a recently public or smaller public firm that qualifies for temporary, lighter regulatory and disclosure rules to reduce the cost and effort of being public. For investors, it means the company may provide less historical financial detail and face fewer reporting requirements than larger firms, so it can grow more quickly but also carries higher uncertainty—like buying a promising early-stage product with fewer user reviews.
Section 12(b) of the Actregulatory
“Securities registered pursuant to Section 12(b) of the Act”
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Understanding 8-K Material Events →
Available on EDGAR 06/29/2026 – 07:45 AM
Accepted by SEC EDGAR 06/29/2026 – 07:44 AM
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
WASHINGTON, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(D) OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of Earliest Event Reported): June 23, 2026
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PEDEVCO CORP. |
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(Exact name of registrant as specified in its charter) |
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Texas |
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001-35922 |
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22-3755993 |
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(State or other jurisdiction of incorporation or organization) |
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(Commission file number) |
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(IRS Employer Identification No.) |
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575 N. Dairy Ashford Houston |
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77079 |
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(Address of principal executive offices) |
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(Zip Code) |
Registrant’s telephone number, including area code: (713
) 221-1768
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions (see General Instruction A.2. below):
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☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
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Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
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Common Stock, $0.001 par value per share |
PED |
NYSE |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☐
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
(b)
On and effective June 23, 2026, PEDEVCO Corp., a Texas corporation (the “Company,” “we” and “us”) mutually agreed with Mr. Paul Pinkston that he step down from the position of Chief Accounting Officer of, and to terminate his employment with, the Company.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the Registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
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PEDEVCO CORP. |
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By: |
/s/ J. Douglas Schick |
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J. Douglas Schick |
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President and Chief Executive Officer |
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Date: June 28, 2026 |
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Source:View Original Filing on SEC EDGAR
FAQ
When did PEDEVCO’s Chief Accounting Officer Paul Pinkston leave his role?
Paul Pinkston’s departure as Chief Accounting Officer at PEDEVCO was effective June 23, 2026. The filing states the decision was mutually agreed between the company and Mr. Pinkston, marking that date as both his step-down and employment termination.
Did PEDEVCO describe the departure of its Chief Accounting Officer as mutual?
Yes, PEDEVCO stated it “mutually agreed” with Paul Pinkston that he would step down as Chief Accounting Officer and terminate his employment. This wording suggests a jointly agreed separation rather than a unilateral removal or simple resignation.
What SEC item does PEDEVCO (PED) use to report the officer departure?
PEDEVCO reported the officer departure under Item 5.02, which covers departures of directors or certain officers and related appointment or compensatory arrangements. This indicates the change is considered a material event in its leadership structure.
Who signed PEDEVCO’s 8-K reporting the Chief Accounting Officer change?
The 8-K was signed on behalf of PEDEVCO by J. Douglas Schick, the company’s President and Chief Executive Officer. His signature confirms the company’s authorization of the filing and the accuracy of the disclosed leadership change information.
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